---
schema_version: "secwatch.filing_event.v1"
accession: "0001424929-25-000086"
form_type: "8-K"
ticker: "FOXF"
cik: "0001424929"
company_name: "FOX FACTORY HOLDING CORP"
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:09:39.435397+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fox Factory replaces credit facility with $537.5M term loan and $500M revolver, maturing Oct 2030

## Summary
- Borrowed $710M ($537.5M term + $172.5M revolver) to repay prior debt and for general corporate purposes.
- Term loan requires quarterly installments of ~$6.72M; all amounts due Oct 24, 2030.
- Interest on term loan and revolver at SOFR + 1.00%-2.50% or base rate + 0.00%-1.50%.
- New maintenance covenants: Net Leverage ≤ 4.50 (stepping down to 4.00) and Interest Coverage ≥ 2.75.
- Added incremental facility up to $175M plus unlimited subject to pro forma leverage below 3.25x.

## SEC filing metadata
- accession: 0001424929-25-000086
- form_type: 8-K
- ticker: FOXF
- cik: 0001424929
- company_name: FOX FACTORY HOLDING CORP
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424929/000142492925000086/0001424929-25-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424929/000142492925000086/foxf-20251024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424929-25-000086
- JSON: https://secwatch.observer/filing/0001424929-25-000086.json
- Plain text: https://secwatch.observer/filing/0001424929-25-000086.txt

## Key facts
- Debt Financings
  FOX FACTORY HOLDING CORP incurred credit facility of $710 million with Wells Fargo Bank, National Association at SOFR loans bear interest ... at a rate per annum equal to the term SOFR for such maturing October 24, 2030.
  - Instrument: credit facility
  - Principal: $710 million
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: SOFR loans bear interest ... at a rate per annum equal to the term SOFR for such
  - Maturity: October 24, 2030
  - Event: incurrence
  source text: the Company borrowed $710 million under the Amended Credit Agreement consisting of the $537.5 million Term Loan and $172.5 million under the Revolving Credit Facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424929/000142492925000086/0001424929-25-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.